SOURCE: Enporion

April 17, 2008 09:30 ET

Demand for Quick Win Supply Chain Solutions Increasing With Renewed Focus on Costs

Companies Joining Existing Sourcing Agreements Realizing Significant Savings

TAMPA, FL--(Marketwire - April 17, 2008) - Enporion, a leading provider of supply chain solutions and services, is now making its "Enporion Sourced Agreements" available for rapid savings results.

Businesses can engage supply chain solutions vendors to do spend analysis, however not all vendors can offer the opportunity to join an existing sourcing agreement such as Enporion provides (www.enporion.com). Current economic conditions of rising commodity prices resulting in shrinking margins, along with a slowing down of demand, have businesses laser-focused on costs and the drivers that impact profitability. New supply chain solutions that focus on speed-to-value are emerging in response to this mix of economic factors. Supply chain technology and service providers have a responsibility to develop these new solutions and to adjust existing offerings to meet today's economic challenges. Enporion now offers low-risk entry via a rapidly executed assessment of spend that can take advantage of current sourcing agreements. Any company with annual revenues of $100 million or more is an excellent candidate to consider this assessment and may realize significant operational cost savings as a result.

"Enporion recently renegotiated its sourcing agreement for office supplies on behalf of all our buyers, and the companies are seeing an average of 18% savings compared to prior pricing," said Keith Stanton, Professional Services at Enporion. "Getting that kind of increased profit from an even larger sales increase would probably be quite difficult in this economy."

The advantages of joining an existing sourcing agreement are numerous. Speed-to-value can be achieved by joining an aggregated sourcing agreement, representing one of the quickest ways to deliver sourcing savings to the bottom line. Over the past few years, e-Procurement customers have sourced hundreds of millions of dollars of spend through Enporion Sourced Agreements. For any company that wants to quickly achieve savings, joining an existing sourcing agreement makes sense. Leveraging an existing agreement can occur as quickly as within a few weeks to start saving.

Recent opportunity assessments for customers conducted by Enporion have led to identifying significant quick win ongoing savings opportunities worth several millions of dollars for categories such as office supplies, computer peripherals, MRO, electronic components, and safety equipment. Enporion is able to quickly identify targets for buyers because of the large volume coupled with years of collecting detailed spend data. The experience and analysis of sourcing data make a quick win for any company with total spend of over $50 million highly likely.

If a company has not conducted electronic sourcing or procurement yet, these solutions offer easy entry to supply chain savings and require only that the company provide aggregate spend data. Spend Analysis and joining an existing sourcing agreement are great ways to start leveraging electronic supply chain solutions and achieve early success, while considering other more deeply integrated business process improvements for the long term.

About Enporion

Enporion is a supply chain management solutions and services company, providing strategic sourcing and e-procurement applications, and related professional services. Enporion is delivering results for customers in the gas and electric utilities, manufacturing and distribution industries.

Enporion's Supply Chain Manager®, an integrated suite of e-commerce tools, delivers cost reduction through price and process savings, and includes capabilities in catalog management, supplier enablement and connection, spend reporting, e-sourcing including auctions and electronic RFx's, and contract management. These applications are delivered in a Software-as-a-Service environment, resulting in quick implementation and early realization of benefits. Visit Enporion online at www.enporion.com.

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